GRWI Coin: A Cryptocurrency Focused on the Cannabis Industry
GRWI Coin, short for Growers International, is a cryptocurrency project aiming to provide blockchain solutions for the legal cannabis industry. Launched on August 20, 2017, by Ryan Wright, its core objective was to offer a superior experience for cryptocurrency users and a comprehensive suite of blockchain tools for cannabis growers and businesses.
Project Vision and Core Functions
The Growers International platform was dedicated to addressing specific pain points within the legal cannabis industry, designed to offer a range of innovative features to enhance industry efficiency and transparency. Key functions included:
- Blockchain-based Seed-2-Sale System: Aimed at tracking the entire lifecycle of cannabis products, from seed cultivation to final sale, ensuring supply chain transparency and compliance.
- Strain Chain: Potentially used to record and verify genetic information and characteristics of cannabis strains, providing consumers with more reliable product information.
- Grow Supply Discounts and Cannabis Product Discounts: Offering preferential rates on related products and services for platform users.
- Grower Contracts and Custom Software Suite: Providing professional contract management tools and customized software solutions to support growers' operational needs.
The project team previously stated that it comprised experienced growers and cryptocurrency experts, aiming to help growers succeed and attract a broader range of crypto enthusiasts by offering mining pools, marketplaces, and exchange services.
Tokenomics and Supply
The total supply of GRWI Coin varied slightly across different data sources but was generally between 1 million and 1.2 million tokens. For instance, some data indicated a total supply of 1,185,286 tokens, while other data showed 1,000,420 GRWI or approximately 1.2M GRWI (around 1,200,000 tokens). The circulating supply was once recorded as 1,207,987.44 GRWI. These figures primarily originate from early project data or historical snapshots.
Current Market Status
According to market data from September 26, 2023, GRWI Coin's real-time price and 24-hour trading volume both showed as zero. Its market capitalization has also fallen to zero. These indicators suggest that there is currently no active trading market for the token, and it lacks effective transactions. For potentially interested parties, it is crucial to carefully verify its current market activity.
